i3 Verticals, Inc.
IIIVNasdaq
$20.71
↓ -1.8%Jul 17 close · end-of-day
Price
1Y↓ -28.1%
End-of-day closes; the latest point is the live 15-min-delayed price · split & dividend adjusted · chart by TradingView
Key statistics
Market Cap
$633.4M
Enterprise Value
$707.2M
P/E
28.4
P/S
2.9
P/B
2.0
EV/EBITDA
23.1
PEG
—
FCF Yield
6.9%
Dividend Yield
—
Revenue (TTM)
$217.0M
Net Income (TTM)
$17.9M
Free Cash Flow (TTM)
$43.8M
Gross Margin
—
Operating Margin
0.9%
Net Margin
8.3%
ROE
5.7%
ROIC
0.3%
Debt / Equity
0.3
Net Cash
-$73.9M
Return 1Y
-28.6%
Company profile
i3 Verticals, Inc. provides integrated payment and software solutions to small- and medium-sized businesses and organizations in education, non-profit, public sector, and healthcare markets. The company offers payment processing services that enables clients to accept electronic payments, facilitating the exchange of funds and transaction data between clients, financial institutions, and payment networks.
- CEO
- Gregory S. Daily
- Sector
- Services
- Industry
- Business Services
- Employees
- 1,640
- Headquarters
- Tennessee
- Website
- i3verticals.com
Management & directors
- Daily Gregory SChief Executive Officer
- Christians PaulChief Revenue Officer
- Laisure ChristopherPresident - Public Sector
- Maple PaulGeneral Counsel and Secretary
- Smith Geoffrey C.Chief Financial Officer
- Stanford FrederickPresident
- Whitson Clay MChief Strategy Officer
Roles derived from SEC Form 4 filings.
Earnings
IIIV Q2 2026 Earnings
Period ends 2026-03-31
MetricActualYoY
Revenue$57.5M↑ +6.2%
Diluted EPS$0.07—
Actuals from SEC filings; YoY vs the year-ago quarter. Analyst estimates & surprise require a data feed (coming soon).
Financial statements
| Line item | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|---|
| Revenue | $150.1M | $224.1M | $187.8M | $189.7M | $191.2M | $213.2M |
| Gross profit | $123.4M | $195.3M | $282.7M | $333.3M | — | — |
| Operating income | $7.8M | -$12,000.00 | -$23.1M | -$4.4M | $4.4M | $3.8M |
| Net income | -$419,000.00 | -$4.5M | -$17.1M | -$811,000.00 | $113.3M | $17.9M |
| Diluted EPS | -$0.03 | -$0.22 | -$0.77 | -$0.07 | $4.73 | $0.72 |
| Operating cash flow | $23.7M | $44.5M | $43.8M | $37.2M | $48.4M | $5.7M |
| Free cash flow | $20.8M | $42.6M | $41.5M | $33.0M | $45.4M | $3.8M |
| Gross margin | 82.2% | 87.2% | 150.6% | 175.7% | — | — |
| Operating margin | 5.2% | -0.0% | -12.3% | -2.3% | 2.3% | 1.8% |
| Net margin | -0.3% | -2.0% | -9.1% | -0.4% | 59.3% | 8.4% |
| Line item | Q3 '24 | Q4 '24 | Q1 '24 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '25 | Q2 '26 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $46.2M | $51.3M | $52.2M | $54.1M | $51.9M | $54.9M | $52.7M | $57.5M |
| Gross profit | — | — | — | — | — | — | — | — |
| Operating income | -$1.3M | $3.4M | $2.1M | $5.1M | -$4.8M | $1.5M | $1.6M | $3.7M |
| Net income | -$7.5M | $117.9M | $2.1M | -$154,000.00 | $12.9M | $3.1M | $484,000.00 | $1.5M |
| Diluted EPS | -$0.32 | $4.93 | $0.08 | $0.00 | $0.50 | $0.14 | $0.02 | $0.07 |
| Operating cash flow | $8.1M | $15.1M | $11.5M | -$27.1M | $7.4M | $14.0M | $14.1M | $10.0M |
| Free cash flow | $7.2M | $14.6M | $11.0M | -$27.6M | $6.8M | $13.5M | $13.8M | $9.6M |
| Gross margin | — | — | — | — | — | — | — | — |
| Operating margin | -2.8% | 6.6% | 3.9% | 9.3% | -9.3% | 2.7% | 3.1% | 6.5% |
| Net margin | -16.3% | 229.7% | 3.9% | -0.3% | 24.8% | 5.6% | 0.9% | 2.5% |
Company news
Jun 24, 2026
Analyst estimates
Coming soonConsensus revenue & EPS estimates and price targets will appear here once a forward-estimates data feed is connected.
Insider transactions
BoughtSoldMonthly insider $ volume · trailing 12 months
| Date | Insider | Type | Shares | Price | Value | Filing |
|---|---|---|---|---|---|---|
| 2026-05-14 | DAILY GREGORY S· Chief Executive Officer | Buy | 50,000 | $19.23 | $961,500.00 | filing |
| 2026-03-06 | CHRISTIANS PAUL· Chief Revenue Officer | Sale | 6,122 | $23.23 | $142,214.06 | filing |
| 2026-02-11 | STANFORD FREDERICK· President | Tax withholding | 4,626 | $21.88 | $101,216.88 | filing |
| 2026-02-11 | SMITH GEOFFREY C.· Chief Financial Officer | Tax withholding | 4,338 | $21.88 | $94,915.44 | filing |
| 2026-02-11 | WHITSON CLAY M· Chief Strategy Officer | Tax withholding | 4,337 | $21.88 | $94,893.56 | filing |
| 2026-02-11 | CHRISTIANS PAUL· Chief Revenue Officer | Tax withholding | 3,878 | $21.88 | $84,850.64 | filing |
| 2026-02-11 | MAPLE PAUL· General Counsel and Secretary | Tax withholding | 3,349 | $21.88 | $73,276.12 | filing |
| 2026-02-11 | LAISURE CHRISTOPHER· President - Public Sector | Tax withholding | 2,456 | $21.88 | $53,737.28 | filing |
| 2026-02-10 | WILDS DAVID M | Award | 6,496 | $0.00 | $0.00 | filing |
| 2026-02-10 | MCKENNA TIMOTHY | Award | 6,496 | $0.00 | $0.00 | filing |
| 2026-02-10 | COURTNEY ELIZABETH S. | Award | 6,496 | $0.00 | $0.00 | filing |
| 2026-02-10 | HARRISON JOHN C. | Award | 6,496 | $0.00 | $0.00 | filing |
| 2026-02-10 | MORGAN DAVID K. | Award | 6,496 | $0.00 | $0.00 | filing |
| 2026-02-10 | Jenkins Decosta | Award | 6,496 | $0.00 | $0.00 | filing |
| 2025-12-10 | WILDS DAVID M | J | 7,550 | $0.00 | $0.00 | filing |
| 2025-12-10 | WILDS DAVID M | J | 7,550 | $0.00 | $0.00 | filing |
| 2025-12-03 | CHRISTIANS PAUL· Chief Revenue Officer | Sale | 9,000 | $23.27 | $209,430.00 | filing |
| 2025-11-26 | CHRISTIANS PAUL· Chief Revenue Officer | Sale | 3,292 | $23.78 | $78,283.76 | filing |
| 2025-11-21 | STANFORD FREDERICK· President | Sale | 11,347 | $24.21 | $274,710.87 | filing |
| 2025-11-14 | SMITH GEOFFREY C.· Chief Financial Officer | Tax withholding | 7,403 | $30.75 | $227,642.25 | filing |
| 2025-11-14 | LAISURE CHRISTOPHER· President - Public Sector | Tax withholding | 5,903 | $30.75 | $181,517.25 | filing |
| 2025-11-14 | MAPLE PAUL· General Counsel and Secretary | Tax withholding | 5,903 | $30.75 | $181,517.25 | filing |
| 2025-11-14 | WHITSON CLAY M· Chief Strategy Officer | Tax withholding | 5,903 | $30.75 | $181,517.25 | filing |
| 2025-11-14 | STANFORD FREDERICK· President | Tax withholding | 3,653 | $30.75 | $112,329.75 | filing |
| 2025-11-14 | LAISURE CHRISTOPHER· President - Public Sector | Award | 15,000 | $0.00 | $0.00 | filing |
Showing the latest 25 transactions — full history in the linked SEC filings.
Fundamentals & filings from SEC EDGAR. Prices adjusted for splits & dividends. Not investment advice.